With an epic battle of billionaires for supremacy in one of the world's most prolific markets and a pandemic-propelled surge in online shopping in the background, India's nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the New Year. In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world's wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach $1.3 trillion by 2025. It all started with Ambani's Reliance Industries agreeing in August to buy assets of the nation's second-largest retailer for Rs 24,713 crore, just a year after Bezos' Amazon purchased an indirect stake in the indebted Future Retail.
It's beautiful to be a transgender and these models are proof!
Gold prices fell by Rs 50 to Rs 27,800 per ten grams in special Diwali trading in New Delhi on Thursday largely in tandem with a weakening global trend.
India is the next great frontier for global retailers, a $500 billion market growing at 20 per cent a year.
Acquisition of Debenhams signals the entry of Arvind into the Bridge to luxury department store segment, it added.
'You have to get past the phobia that Math is difficult.' 'The brain is exercising when you do arithmetic.'
M&S operates in a joint venture with Reliance Retail.
As with the Spanish flu, the world must be ready for a second and third wave as this start-stop-start-stop response plays out, recommends Rahul Jacob.
The statement said that the antibody's development had been completed and that the institute was in the process of patenting the find 'and in the next stage, researchers will approach international companies to produce the antibody on a commercial scale'.
All the best looks from the GQ Men of the Year Awards.
The pandemic helped many entrepreneurs including me realise the power of people who share your passion, says fashion entrepreneur Meghna Saraogi.
'Fashion changes fast and if you are not keeping up you're getting left behind,' design diva Anita Dongre tells Pavan Lall.
'Acting, by definition, is a portrayal of a character other than oneself.' 'If every role is to be played only by someone answering to that precise description, most professional actors -- of all ethnicities and genders -- would be out of a job,' observes Indira Kannan.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
Bullion traders said subdued demand at current levels and a weak global trend mainly pulled down both gold and silver prices.
Philips, the Dutch electronics company, has entered into a partnership with Swarovski, the Austrian cut crystal and jewellery manufacturer, to introduce consumer lifestyle electronics and fashion accessories for women.
Designer Runa Ray, whose edgy line inspired by an ancient discipline made it to the February New York Fashion Week, discussed the showing with Tista Sengupta/Rediff.com
The brand plans to open about 40 franchise-operated Gap stores in India, the company said in a statement.
India has no option but to shut China out, notes T C A Srinivasa-Raghavan.
This place is a must for coffee lovers!
Who'd in their right minds would ever say no to seeing this stunner on the ramp more?!
A part that is hidden from most visitors is London's Little Venice.
Tista Sengupta/Rediff.com speaks to aspiring plus size models who, for the first time, will walk at Lakme Fashion Week.
Flipkart, India's largest e-tailer, raised $210 million in a fresh round of funding from a group of four investors led by internet-focussed investment group DST Global, it said in a statement on Monday.
Gold prices declined by Rs 30 to Rs 27,370 per ten gram in New Delhi on Friday as demand from jewellers retailers dried up at prevailing levels to some extent amidst a weak global trend.
Reliance Brands has been announcing a new JV every month to break into both high streets and smaller towns.
Here's a look at some of the most stunning buildings in the US cities...
Fashion designer Pria Kataaria Puri, host of celebrity chat show 'Born Stylish', spills the beans about designing for celebrities, her journey as a fashion designer and her ultimate style icon in an interview with Anita Aikara/Rediff.com.
Its trajectory in telecom is well known but now it is pushing for a similar leap into the ranks of the top players in its other businesses: media and entertainment, e-commerce, a series of online businesses ranging from health to education, and retail.
The company did not disclose its new holding pattern.
Fashion designer Suket Dhir has bagged the International Woolmark Prize for menswear, becoming the second from India in four years to win the Rs 48.5 lakh worth prestigious prize.
Snapshots from the collections of Pria Kaataria Puri, Masaba Gupta, Anita Dongre and Aki Narula shows at Myntra Fashion Weekend
The total number of M&A deals announced till December 15 stood at 445 and its combined value was $30.72 billion, according to global consultancy firm Grant Thornton said. It hardly a match to last year's 676 deals worth $51.11 billion.
The baby who is just a few months old is already a star on the Internet.
With capes, garara pants and dungarees, three designers are taking khadi to luxurious heights.
Planning for each eventuality is not possible but do your homework to be as best prepared as feasible.
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
'And as we sit (or sleep) out the nightmare, there is feverish speculation about what the post-Corona world might look like,' mulls Hasan Suroor.
Over the past one-and-half years, the number of stocks trading below their respective face value has increased 29 per cent after a sharp correction in stocks of small-cap companies.
